Rocking the Market: Materials and Healthcare Sectors Take the Lead Rocking the Market: Materials and Healthcare Sectors Take the Lead

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The Materials sector is the star of the show midday Friday, surging by a remarkable 0.8%. Within this steely group, Vulcan Materials Co (Symbol: VMC) and Albemarle Corp. (Symbol: ALB) are lighting up the stage, flaunting gains of 6.2% and 5.4%, respectively. Indubitably, these names are on fire. Among the high-volume ETFs, the Materials Select Sector SPDR ETF (Symbol: XLB) closely shadowing materials stocks, is cranking up the heat by 1.0% today and incrementally edging up by 0.06% year-to-date. Vulcan Materials Co is spreading like wildfire, igniting an ascent of 13.42% year-to-date and Albemarle Corp. despite a slight downside, is an undeniable force, down by 14.29% year-to-date. Collectively, VMC and ALB occupy almost 5.0% of the underlying holdings of XLB.

The second act features the Healthcare sector, boasting a vibrant 0.7% surge. Among the larger-than-life Healthcare stocks, Bio-Rad Laboratories Inc (Symbol: BIO) and Eli Lilly (Symbol: LLY) are stealing the limelight, flaunting gains of 7.6% and 4.0%, respectively. Standing ovation! A standout ETF in the Healthcare arena, the Health Care Select Sector SPDR ETF (XLV), is not to be outshone, ascending by 0.9% in midday trading and a breathtaking 7.44% year-to-date. In this grand spectacle, Bio-Rad Laboratories Inc and Eli Lilly are the show-stoppers, ascending by 9.55% and a jaw-dropping 35.43% year-to-date, respectively. Combined, BIO and LLY command a princely 11.5% of the underlying holdings of XLV.

Comparing these stocks and ETFs on a trailing twelve-month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom.

Dividend Channel


Here’s a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. Five sectors are celebrating on the day, while three sectors are sulking in the shadows.

Sector % Change
Materials +0.8%
Healthcare +0.7%
Energy +0.7%
Utilities +0.2%
Industrial +0.1%
Consumer Products -0.0%
Services -0.1%
Financial -0.2%
Technology & Communications -0.3%

25 Dividend Giants Widely Held By ETFs »

Also see:

• Dow Component Preferreds
• JBHT shares outstanding history
• TTD YTD Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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